Capitalmind with Deepak & Shray

Capitalmind
  • 4.7 (101)
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  • EVERY TWO MONTHS

Capitalmind looks at stocks, bonds, funds and the macro to bring you their view on the Indian financial markets. We discuss all things related to investing at our focussed podcast that keeps it simple. For more, go to capitalmind.in and to invest with us, visit capitalmindwealth.com

  1. 18/12/2025

    Who Is Really Controlling Your Money? (Not Who You Think)

    Shray sits down with Deepak Shenoy from Capitalmind to expose how proxy advisors, index manufacturers, credit rating agencies, and one costly habit are secretly making decisions about your investments. What we uncover: Proxy Advisors: How Glass Lewis and ISS voted against Elon Musk's $1 trillion Tesla package—and why their word has become gospel for fund managers managing your money Index Manufacturers: Why NSE and BSE make subjective calls in supposedly "objective" indices. The HDFC-HDFC Bank merger and Reliance-Jio demerger reveal they're acting more like fund managers than neutral rule-followers Current Account Waste: ₹21 lakh crores sitting idle in corporate accounts earning zero interest—₹40,000 crores in lost profits annually Deepak breaks down why passive investing isn't truly passive, how the NBFC rule hurts startups, and why transparency matters as index funds take over the market. Timestamps: 0:00 - Three institutions controlling your money 1:44 - Proxy Advisors - Fighting Elon Musk 6:28 - Proxy advisors have their own agendas 13:30 - Proxy advisors becoming gospel 17:16 - Index Manufacturers - Second institution 18:24 - 35 lakh crores active vs 12 lakh crores passive 20:22 - Index no longer objective function 26:45 - Index manufacturers becoming fund managers 32:01 - Credit Rating Agencies - Third institution 35:21 - Big names get triple A ratings easily 37:52 - Market knew ILFS wasn't triple A 41:37 - Don't link things strictly to ratings 46:25 - Why so much money in current accounts? 49:00 - Could add 40,000 crores to profits 49:36 - Startup NBFC rule problem 56:37 - Reduce need for inefficient buffers

    58 min

  2. 11/11/2025

    Will the U.S. Market Crash in 2026?

    For 17 years, Deepak Shenoy has made annual Diwali predictions about markets, crashes, interest rates, and more. But how many were actually right? Shray sits down with Deepak Shenoy from Capitalmind to examine his prediction history from 2007 to 2024. He correctly called the 2008 crash and Trump's 2024 victory. But real estate and gold? Wrong almost every year. We break down why most predictions fail and what makes the rare successful ones different. Deepak explains the three elements of valid predictions (direction, magnitude, timeframe), why cash on sidelines signals crashes, how AI bubbles mirror 2000, and why interest rates are easy to predict but impossible to profit from. This episode breaks down crashes, bubbles, and market timing, offering honest takes that you can actually use. Don't forget to like, share, and subscribe for more real insights on building wealth in Indian markets!  Follow Capitalmind on Social Media: 📝 Linkedin: https://www.linkedin.com/company/capitalmindwealth-pms/ Instagram: https://www.instagram.com/capitalmindhq?igsh=ZG9zYmVtbnBwemZr Twitter: https://x.com/capitalmind_in?s=21  Chapters:  00:00 Introduction & 2024 Predictions Recap  01:00 Will There Be a Market Crash in 2025? 03:40 How AI Could Trigger the Next Crash 06:15 Why This Time Is Different from 2008 09:40 US Recession + Inflation = Stagflation? 12:10 Why Indian Markets May Keep Rising 15:00 The Real Estate Prediction Trap 20:20 Gold, Inflation & Interest Rate Outlook 28:20 Japan's 30-Year Debt Problem Explained 33:40 Can the Rupee Go Global? 40:20 Why Predictions Usually Fail 46:00 Don't Predict, Respond Instead 50:10 Deepak's 2025 Predictions Recap 58:00 Closing Thoughts

    59 min

  3. 24/10/2025

    Gold, Silver, Equities: Which One Deserves a Place in Your Portfolio?

    When Indian Equity Markets Go Sideways: Are Alternative Assets Worth It? Indian equities have been flat for over a year. So where should you actually put your money? Shray sits down with Deepak Shenoy from Capital Mind to break it all down. Silver just hit $50 for the first time in 45 years. Deepak explains the Hunt Brothers saga, the Thailand import drama, and why silver might only deserve 2% of your portfolio. Gold – it's outperformed. But should you buy now? Only 30% of the time has gold beaten Nifty over 10 years. We also discuss foreign stocks, why debt funds aren't just parking lots, and whether India at 21-22x earnings is still expensive. If you're confused about where to deploy capital right now, this episode is for you. Don't forget to like, share, and subscribe for more insights on building real wealth in Indian markets! #investing #stockmarket #alternativeassets #gold #bitcoin #portfoliomanagement Follow Capitalmind on Social Media: Linkedin: https://www.linkedin.com/company/capitalmindwealth-pms/posts/?feedView=all Instagram: https://www.instagram.com/capitalmindhq?igsh=ZG9zYmVtbnBwemZr Twitter: https://x.com/capitalmind_in?s=21 Chapters: 0:00 - Intro 2:11 - Silver: What's Happening Right Now? 7:19 - Hunt Brothers: The Biggest Silver Bet Ever 11:58 - Should You Own Silver? 15:49 - Why Diamonds Are a Terrible Investment 17:38 - Gold: Why Deepak Was Wrong 21:14 - Gold as an Inflation Hedge 23:03 - When Gold Could Crash 40% 27:05 - Why We Treat Gold Differently Than Stocks 30:00 - Land Deals: How to Make 400% Returns 32:20 - Why Luxury Watches Beat Stocks 34:45 - Bitcoin: The Leverage Problem 41:32 - Bitcoin's Altcoin Curse 44:08 - Quantum Computing Could Kill Bitcoin 47:32 - How Much Bitcoin Should You Own? 50:22 - When Big Winners Become Too Big 52:01 - Foreign Stocks: The Smart Diversification 56:46 - Debt Funds: Beyond Just Parking Money 1:01:47 - Debt Market: Hidden Inefficiencies 1:04:06 - Why Debt Funds Deserve Your Money 1:06:07 - Why Bank FDs Are Ripping You Off 1:08:27 - Is India Still Too Expensive to Invest? 1:11:06 - Why 20x PE Actually Makes Sense 1:13:54 - Final Thoughts

    1h 14m

  4. 16/10/2025

    From H1B to Dream11 - When risks hit you hard

    What do DreamFolks, Dream11, JSW Steel, and Donald Trump's H-1B visa policy all have in common? Each shows how unexpected risks can reshape markets and investments overnight. Deepak Shenoy and Shray Chandra break down 5 types of risk you never saw coming from business model collapse and legal shocks to regulation, policy changes, and passive investing illusions. Chapters: 00:00 - Intro 01:53 - DreamFolks 16:19 - JSW Steel and Bhushan Steel & Power 30:41 - Dream11 & Crypto currency 41:56 - H1B Visa situation 52:10 - When money moves markets

    1h 2m

  5. 23/09/2025

    ESOPs Demystified: Taxes, Dilution & the Path to Wealth in India!

    ESOPs (Employee Stock Options) are one of the least understood parts of compensation in India. Are they wealth creators or just glorified lottery tickets? We break down everything you need to know, the trade-off between salary and ESOPs, the risks of taxation and dilution, and how exits, IPOs, and secondary markets really work. From early employee bets to Flipkart's game-changing Walmart deal, we explore stories that show both the pitfalls and life-changing rewards. If you've ever been offered ESOPs or are considering them. This podcast will help you make informed decisions about your financial future. Chapters: 00:00 - Intro 02:57 - Salary vs ESOP: the real trade-off 15:02 - ESOPs ≠ Shares? 28:35 - Should companies help you exit? 37:41 - Black-Scholes for expense 40:39 - Why not just give shares? 45:59 - Promoters/Directors rules in India 50:11 - What every employee must check in their ESOP package! 57:20 - After the payout: diversify & spend

    1h 3m

  6. 16/08/2025

    Wealth as a Tool, Joy as the Goal

    What if money wasn't the goal… but the tool? Deepak Shenoy and Shray Chandra dive deep into how money can enable experiences, freedom, and meaning, instead of becoming an end in itself.   00:00   Intro  02:33   GDP, Good Life, and Getting Real About Returns 15:14   The Real Cost of Wealth (and the Price of a Good Life) 31:20   Planning for Joy, Not Just Returns 43:34   Compartmentalize to Live Fully 01:04:04  I have enough money, what do I do now? 01:13:23  Is winning in life all about money?

    1h 20m

  7. 28/07/2025

    The Saga of the Jane Street Trading Scandal

    In this episode, Deepak and Shray unpack the SEBI allegations against global trading giant Jane Street and explore whether this is a case of shrewd arbitrage or market manipulation in India's underregulated options landscape. In doing so, they reveal deeper structural issues. An outsized derivatives market, regulatory blind spots, tax inequities, and unchecked index power that favour global giants over domestic traders all act as leading factors to the outsized profits made by the firm. The episode ends with a call for reform: position limits, STT rationalisation, index oversight, and a level playing field to restore market integrity.

    1h 19m

  8. 30/06/2025

    Make your own pension

    Indian retirement planning for long has been centered on your children being successful and them supporting you in your golden years. But, times are changing, with the rise of nuclear single child households, new pension options and easier access to capital markets, retirement planning also has to change.  In this conversation, Deepak and Shray discuss the various options you have to set up a retirement corpus. Be it investing in a pension scheme or managing your own investments, they provide the pros and cons as well as the steps you need to take to do so. They also suggest policies that if implemented, could make retirement planning simpler.  The earlier the better is the mantra for retirement planning and this conversation will help you get started. 00:00 - Intro 01:18 - Choosing Your Retirement: NPS or UPS? 15:36 - The real math behind the Unified Pension Scheme 22:33 - Can private sector employees build their own pension? 28:54 - Forced Savings: A behavioral take on long-term wealth 35:43 - Guarantees, gradually: structuring safer payouts as you age 39:33 - Tax efficiency and corpus optimization 44:17 - Managing Volatility: Behavior & long-term thinking 51:27 - The structural risk behind public pension guarantees 57:55 - Belief in the System: Will pensions and markets survive? 01:03:13 - Where do I even start? 01:14:52 - Why India needs its own 401(k) 01:19:36 - The roadblocks to retirement reform 01:23:44 - Will Equity Returns Moderate?

    1h 28m
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4.7
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About

Capitalmind looks at stocks, bonds, funds and the macro to bring you their view on the Indian financial markets. We discuss all things related to investing at our focussed podcast that keeps it simple. For more, go to capitalmind.in and to invest with us, visit capitalmindwealth.com

Information

  • Creator
    Capitalmind
  • Years Active
    2019 - 2025
  • Episodes
    99
  • Rating
    Clean
  • Copyright
    © Copyright 2005 - Present, Capitalmind Financial Services
  • Show Website
    Capitalmind with Deepak & Shray

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